Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
FAB Securities Reaffirms Buy on Al Rajhi Bank After 14% Profit Jump
FAB Securities maintained its buy rating on Al Rajhi Bank after the Saudi lender posted a 14% rise in Q2 net profit to SAR 7.01 billion. The
Commercial Bank of Dubai Gets Rating Trim Despite Profit Rise
FAB Securities trimmed its rating on Commercial Bank of Dubai from Buy to Accumulate after Q2 2026 results. Net profit rose 2.1% year over y
Wise Shares Drop 10% After US Regulator Rejects National Trust Bank Application
Wise shares dropped 10% after the OCC rejected its national trust bank application. The denial stems from a Fed policy shift on payment syst
Macquarie's Strong Finish Impresses Jarden; CEO Departure Looms Over Leadership
Macquarie Group's strong second-half finish has impressed Jarden, with all four divisions benefiting from investment gains and tight risk ma
Sabadell's TSB Sale Boosts Q2 Profit to €624M, Buyback Planned
Banco Sabadell reported a 28% rise in Q2 net profit to €624 million, helped by a €322 million gain from selling its UK subsidiary TSB. The b
HSBC Sells Singapore Insurance Unit to Allianz for S$2.7 Billion in Capital Boost
HSBC is selling its Singapore insurance arm to Allianz for S$2.7 billion. The deal will generate a $1.8 billion pre-tax gain and strengthen
Huntington Bancshares Q2 Profit Rises as Loan Growth and Fee Income Surge
Huntington Bancshares posted a rise in second-quarter profit as net interest income surged 40% to $2.05 billion. Average loans and deposits
Saudi National Bank's Margin Gains Keep Riyad Capital Bullish on Stock
Riyad Capital reaffirmed its positive view on Saudi National Bank after the lender reported second-quarter results with operating income up
BNP Paribas Beats Q2 Profit Forecasts on Record Equity Trading, Integration Costs Loom
BNP Paribas beat second-quarter profit expectations as equity trading revenue hit a record. However, rising costs from integrating AXA Inves
UniCredit Boosts Commerzbank Stake to 48%, Seeks Talks with Berlin and Unions
UniCredit has increased its stake in Commerzbank to 48% and canceled a €4.75 billion buyback. CEO Andrea Orcel now seeks talks with Berlin a
Bankinter Q2 Profit Beats Forecasts as Fee Income Surges 23%
Bankinter's second-quarter profit of €315 million beat expectations, driven by a 23% surge in fee income and resilient lending earnings. The
Macquarie Asset Management Profit Drops Despite Record AU$748 Billion in Assets
Macquarie Asset Management's profit contribution fell year over year in the June quarter after the sale of its public investments business.